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Soy Wax - Global Strategic Business Report

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    Report

  • 94 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5302184

Global Soy Wax Market to Reach $14.3 Billion by 2030

The global market for Soy Wax estimated at US$5.9 Billion in the year 2022, is projected to reach a revised size of US$14.3 Billion by 2030, growing at a CAGR of 11.6% over the analysis period 2022-2030. Biodiesel, one of the segments analyzed in the report, is projected to record 13.1% CAGR and reach US$4.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Plastic & Polymers segment is readjusted to a revised 11% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.6 Billion, While China is Forecast to Grow at 17.9% CAGR

The Soy Wax market in the U.S. is estimated at US$1.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.7 Billion by the year 2030 trailing a CAGR of 17.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.8% and 10.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.3% CAGR.

Select Competitors (Total 43 Featured) -

  • Aromantic Ltd.
  • British Wax Ltd.
  • Cargill, Incorporated
  • Crystal, Inc.
  • Hobbycraft Trading Ltd.
  • Kerax Limited
  • LiveMoor
  • LS Apothecary
  • Marisole Aromatherapy Limited.
  • Paramelt

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Soy Wax - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Soy Wax by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Soy Wax by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 3: World 16-Year Perspective for Soy Wax by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Biodiesel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 5: World Historic Review for Biodiesel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 6: World 16-Year Perspective for Biodiesel by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Plastic & Polymers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 8: World Historic Review for Plastic & Polymers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 9: World 16-Year Perspective for Plastic & Polymers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Food & Beverage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 11: World Historic Review for Food & Beverage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 12: World 16-Year Perspective for Food & Beverage by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Cosmetics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 14: World Historic Review for Cosmetics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 15: World 16-Year Perspective for Cosmetics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Paper & Pulp by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 17: World Historic Review for Paper & Pulp by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 18: World 16-Year Perspective for Paper & Pulp by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 20: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 21: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 22: World Soy Wax Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Soy Wax Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Table 23: USA Recent Past, Current & Future Analysis for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 24: USA Historic Review for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 25: USA 16-Year Perspective for Soy Wax by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
CANADA
  • Table 26: Canada Recent Past, Current & Future Analysis for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 27: Canada Historic Review for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 28: Canada 16-Year Perspective for Soy Wax by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
JAPAN
  • Soy Wax Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Table 29: Japan Recent Past, Current & Future Analysis for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 30: Japan Historic Review for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 31: Japan 16-Year Perspective for Soy Wax by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
CHINA
  • Soy Wax Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Table 32: China Recent Past, Current & Future Analysis for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 33: China Historic Review for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 34: China 16-Year Perspective for Soy Wax by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
EUROPE
  • Soy Wax Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Table 35: Europe Recent Past, Current & Future Analysis for Soy Wax by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 36: Europe Historic Review for Soy Wax by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 37: Europe 16-Year Perspective for Soy Wax by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2023 & 2030
  • Table 38: Europe Recent Past, Current & Future Analysis for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 39: Europe Historic Review for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 40: Europe 16-Year Perspective for Soy Wax by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
FRANCE
  • Soy Wax Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • Table 41: France Recent Past, Current & Future Analysis for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 42: France Historic Review for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 43: France 16-Year Perspective for Soy Wax by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
GERMANY
  • Soy Wax Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • Table 44: Germany Recent Past, Current & Future Analysis for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 45: Germany Historic Review for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 46: Germany 16-Year Perspective for Soy Wax by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
ITALY
  • Table 47: Italy Recent Past, Current & Future Analysis for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 48: Italy Historic Review for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 49: Italy 16-Year Perspective for Soy Wax by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
UNITED KINGDOM
  • Soy Wax Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • Table 50: UK Recent Past, Current & Future Analysis for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 51: UK Historic Review for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 52: UK 16-Year Perspective for Soy Wax by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
SPAIN
  • Table 53: Spain Recent Past, Current & Future Analysis for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 54: Spain Historic Review for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 55: Spain 16-Year Perspective for Soy Wax by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
RUSSIA
  • Table 56: Russia Recent Past, Current & Future Analysis for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 57: Russia Historic Review for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 58: Russia 16-Year Perspective for Soy Wax by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
REST OF EUROPE
  • Table 59: Rest of Europe Recent Past, Current & Future Analysis for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 60: Rest of Europe Historic Review for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 61: Rest of Europe 16-Year Perspective for Soy Wax by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
ASIA-PACIFIC
  • Soy Wax Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Table 62: Asia-Pacific Recent Past, Current & Future Analysis for Soy Wax by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 63: Asia-Pacific Historic Review for Soy Wax by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 64: Asia-Pacific 16-Year Perspective for Soy Wax by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2023 & 2030
  • Table 65: Asia-Pacific Recent Past, Current & Future Analysis for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 66: Asia-Pacific Historic Review for Soy Wax by Application - Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 67: Asia-Pacific 16-Year Perspective for Soy Wax by Application - Percentage Breakdown of Value Sales for Biodiesel, Plastic & Polymers, Food & Beverage, Cosmetics, Paper & Pulp and Other End-Uses for the Years 2014, 2023 & 2030
AUSTRALIA
  • Soy Wax Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
INDIA
  • Soy Wax Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Soy Wax Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Soy Wax Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Soy Wax Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Aromantic Ltd.
  • British Wax Ltd.
  • Cargill, Incorporated
  • Crystal, Inc.
  • Hobbycraft Trading Ltd.
  • Kerax Limited
  • LiveMoor
  • LS Apothecary
  • Marisole Aromatherapy Limited.
  • Paramelt

Table Information